Corporate Result: Gamon Sales increased by 45% in 3rd Quarter

In a notification to the Pakistan Stock Exchange, Gammon Pakistan Limited (PSX:GAMON) released its financial results for the quarter ended September 31, 2019. The...

MPC: SBP slashed the policy rate by 100 BPS to 7%

The Monetary Policy Committee held a meeting on 25th June, 2020, in which the committee has decided to reduce the existing Policy rate by...

Corporate Result: SRVI EPS declined by 16% in FY19

Service Industries Limited (PSX:SRVI) in an AGM held on June 25, 2020 released its financial results for the year ended 31st December 2019. The...

AVN received 91% endorsement score in ESD Upgradation Project

Avanceon Limited (PSX:AVN) in a letter to Pakistan Stock exchange, notified about the completion of mega project related to control, automation and upgradation for...

DAWH approved formation of Local subsidiary, Empiric AI (Pvt) Ltd

Dawood Hercules Corporation Limited (PSX: DAWH) in a latest notification to the Paksitan Stock Exchange (PSX) notified that the board has approved, subject to...

DEG to acquire 20% stake in TPL Insurance Limited

Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”), the Germany based finance institution has expressed interest in acquiring 20% stake in the TPL Insurance Limited that...

PSX highlights the need to restructure CGT

Pakistan Stock Exchange (PSX) has urged the Government to excuse the Capital Gains Tax (CGT) structure in accordance with worldwide practice and diminish the...

SECP allowed FFL to issue 274 Mn shares to FFBL against Debt

In a letter to the Pakistan Stock Exchange, Fauji Foods Limited (PSX:FFL) announced that SECP has approved to convert the FFL's outstanding debt into...

Corporate Result: SSGC witnessed huge losses of Rs.14 Bn in FY18

Sui Southern Gas Limited (PSX:SSGC) conducted an AGM on Saturday 20th June, to discuss the financial results for the fiscal year 2018. SSGC in...

Unity Food Limited issues Right Shares worth 82.71%

Unity Foods Limited (PSX:UNITY) conducted an AGM on June 18, 2020 at 11:00 AM at its registered office. In a letter to Pakistan Stock...
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